During the alluvial season of 2020, the Novaya Miners’ Team LLC has extracted 120 kg of gold. The company intended to extract 140 kg of gold. Thus, the annual target was 85.7% met. The decrease is due to a depletion of reserves at the site and the drop in gold content in sands. Last year,…
A gold-extracting factory will be built at the Malo-Tarynskoye deposit in Yakutia. The first alluvial sites in the Bolshoy and Maliy Taryn Rivers valley were discovered in late 1930s. The Malo-Tarynskoye deposit was discovered in 1999-2001. The Boguslavets Company is now developing the deposit. The capacity of the factory will be 300 thousand tons of…
After 15 years of idle time, the only gold-extracting enterprise in Ukraine – Muzhiyevskiy gold mine – has resumed operation. In addition to gold it can also produce zinc. Avellana Gold operates its processing factory at the deposit. Overall capacity will reach 500 thousand tons of ore per year. The previous enterprise went bankrupt n…
Following prospecting works in Khabarovsk region, Amur Zoloto has set its reserves at 1187.4 ounces of gold and 1281 ounces of silver. Gold reserves grew by 22% YoY. The estimation included data on several assets – Yubileynoye, Perevalnoye and Malyutka deposits as well as alluvial sites. Krasivoye deposit (Yubileynoye hub) contains 640 thousand ounces of…
Priisk Ust-Kara, developing alluvial gold sites in Zabaikalye region, has fulfilled its output plan in advance. As of mid-October, the company has extracted 970 kg of gold, or 100% of the quota for the current season. This year, the company is operating at 6 alluvial sites, with Koreyskoye and Zheltuga deposits yielding the most –…
Russia’s production of unrefined, semi-refined, or powdered gold decreased by 3.6% YoY, but grew by 1.3% MoM, the Federal State Statistics Service reported. In January-September, gold production fell by 4.4% YoY. No absolute figures were disclosed. (Prime/Ukrainian metal)
In January-August, Solnechniy district of Khabarovsk region increased tin output by 12.5% YoY. The increase is due to the growth of ore processing by 24%. Moreover, tin-rich ore was processed with average metal content of 63%. In Soviet time, the district yielded 4 thousand tons of tin and 8 thousand tons of copper concentrate. Last…
Trans-Siberian Gold Plc (TSG) intends to increase average annual gold output in Kamchatka 2-fold, to 2.8 tons. The increase will be due to the commission of the second mine at the Asachinskoye deposit node No. 25, as well as the development of the Rodnikovoye deposit. The second mine will be put into operation in 2020.…
